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04th may Current Affairs 2019 | Daily GK Updates | Current Affairs for Government Exams 

04th may Current Affairs 2019

Daily GK Updates & Current Affairs for Government Exams

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International Firefighters Day is observed on 4th May

04 May 2019 Current Affairs: International Firefighters’ Day (IFFD) is observed on 4th  May of every year. It was instituted after a proposal was emailed out across the world on January 4, 1999, due to the deaths of five firefighters in tragic circumstances in a bushfire in Australia. May 4 used to be a traditional Firefighters’ Day in many European countries because it is the day of Saint Florian, patron saint of firefighters.

Fire prevention and the need for more intensive and thorough training is one of the main aspects of International Fire Fighters Day. Firefighters and their agencies around the world are constantly stressing fire prevention: in schools, to the community, at public events, at assemblies and even to their own families. The safest way to keep firefighters alive and home to their families is training. This ideal is one that International Fire Fighters Day stresses.

Coal Miners Day is observed on 4th May every year

04 May 2019 Current Affairs: Coal Miners Day is observed on 4th May every year to highlight the toughest profession and the people working in coal mines. On this day several organisations, communities raises funds and awareness for other organisations in the coal mining area and workers.

This day show appreciation for the sacrifices, honour the accomplishments and remember the tragedies that these hardworking individuals experience.

Facebook banned conspiracy theorists

04 May 2019 Current Affairs: Facebook banned prominent conspiracy theorists, including Infowars founder Alex Jones and the controversial black activist Louis Farrakhan, in its latest push to crack down on hate content at the leading social network.

Banned theorists: Facebook always banned individuals or organisations that promote or engage in violence and hate, regardless of ideology. Among the most prominent figures banned, Mr.Farrakhan, the head of the Nation of Islam, is notorious for spreading anti-Semitic and black supremacist views.

Far-right conspiracy theorist Jones is best known for calling the 9/11 attacks an inside job and for describing the Sandy Hook school massacre as a hoax. Mr.Jones’s organisation Infowars was also banned by Facebook.

Others blocked from Facebook and Instagram were Milo Yiannopoulos, a high-profile right-wing provocateur; Paul Nehlen, a political candidate espousing white supremacist views; and conspiracy theorists Paul Joseph Watson and Laura Loomer. Facebook said those being banned had violated policies against dangerous individuals and organisations.

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RBI imposed penalty on 5 pre paid payment instrument issuers and Yes Bank

04 May 2019 Current Affairs: The Reserve Bank of India imposed a monetary penalty on five pre-paid payment instrument issuers including Vodafone m-pesa and Phonepe, for violating regulatory guidelines. A penalty of Rs.3.05 crore has been imposed on Vodafone m-pesa and Rs. 1 crore each on Mobile Payments, PhonePe and G.I. Technology Private Ltd. Also, a penalty of Rs. 5 lakh has been imposed on Y-Cash Software Solutions.

RBI said it had imposed a penalty of Rs. 29.67 lakh on Western Union Financial Services Inc., USA., and Rs. 10.12 lakh on MoneyGram Payment Systems Inc, USA, for non-compliance of regulatory guidelines. The penalties on Western Union and MoneyGram had been imposed by the central bank under the provisions of the Payment and Settlement Systems Act, 2007, for compounding of the contravention.

Chandrayaan 2 to be launched between 9 and 16th July

04 May 2019 Current Affairs: The Indian Space Research Organisation (ISRO) announced that Chandrayaan-2, India’s second mission to the moon, will be launched between July 9 and 16 and that it is expected to land on September 6. In August 2018, the organisation had said it will launch Chandrayaan 2 in January 2019 and described it as most complex mission undertaken by ISRO. The mission will be launched on a GSLV Mk-III rocket from the Satish Dhawan Space Centre in Andhra Pradesh’s Sriharikota. The mission aims to land on the moon’s south pole.

India to purchase 10 Kamov-31 choppers from Russia for 3,600 crores

04 May 2019 Current Affairs: Defence Ministry Nirmala Sitharaman approved Indian Navy’s proposal to acquire 10 Kamov-31 choppers from Russia at a cost of around Rs. 3,600 crore to strengthen its capability against aerial threats to its aircraft carriers and large warships.

They cleared the Rs. 3,600 crore proposal for buying around 10 Kamov-31 Airborne Early Warning and Control choppers for the aircraft carrier operations and deployment on future warships.

Indian Navy already has a fleet of 12 of these Kamov-31 choppers which sanitise the air space around the aircraft carriers and destroyers operating in open seas.

For the anti-submarine warfare operations, the Navy has a fleet of Russian Kamov-28 choppers along with the Seaking choppers which were procured long back in the 1980s and are in need of an upgrade.

Indian Postal Department released Postage Stamp to commemorate 750th Birth Anniversary of Sri Vedanta Desika

04 May 2019 Current Affairs: To commemorate the 750th birth anniversary of Sri Vedanta Desikan, Vice President, M. Venkaiah Naidu unveiled a postage stamp in New Delhi on May 2, 2019. The stamp has been released by Indian postal department.

The postage stamps inspire the younger generation to practice humanism, peace and compassion propagated by the great saint and spiritual icon.

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Gujarat farmers seek compensation from PepsiCo for harassment

04 May 2019 Current Affairs: Three of the Gujarat potato farmers sued by PepsiCo the company must pay compensation for the harassment they were subjected to even though the law is very clear on the subject.

The three of the potato farmers sued by PepsiCo along with farmer union leaders and farmers’ rights activists asserted that Indian farmers’ seed freedoms were non-negotiable.

The company has to pay us compensation for all the harassment we were put through even though the law is clear on the subject,The company had sued nine potato farmers in Gujarat, including five last year and four this year for allegedly buying seeds and selling potato of the FL 2027 variety registered by PepsiCo.

The sued potato farmers also called for increased awareness of the legislation around plant varieties among farmers across the country. The potato growers and farmer activists also sought support from the government for pressuring PepsiCo to agree to their demands for compensation.

ADB to finance metro rail projects in India

04 May 2019 Current Affairs: Asian Development Bank (ADB), traditionally strong in funding social sector projects in education, water and irrigation in India, is moving into financing metro rail projects in the country in a big way.

Transport and energy are two of our biggest areas for funding. The announcement was made by Hun Kim, Director General, South Asia Department, ADB at the 52nd Annual Meeting of the ADB.

All the projects had been agreed to in-principle with the Centre, the guarantor. The ADB is working closely with the Asian Infrastructure Investment Bank (AIIB), which is still in the initial phase of its operations, and has raised a lot of funds to on-lend.

 

 

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